Distributions (Per Share Figures)

Income

Short-Term Gains

Long-Term Gains

Total Distribution

Total Distributionas % of NAV

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Distributions data is unavailable at this time.

What is a mutual fund distribution?

The IRS requires mutual funds to distribute essentially all realized profits from capitals gains, dividends, or interest to fund shareholders at least annually. Realized capital gains are netted against any realized capital losses to determine the capital gains distribution. If there is a net capital loss for the year, the capital loss is not distributed, but instead used to negate capital gains in future years. Realized dividends and interest are netted against expenses of the fund to determine the income distribution.

Rondure Global Funds tries to keep annual distributions somewhat aligned with the returns of each fund. By doing this, the tax burden remains more equitable across the shareholder base, and new shareholders are not burdened with gains from previous years. However, our first priority is long-term performance of the funds, and so tax management is only done at the margins where it is consistent with our primary goal. We do not specifically manage the Rondure Global funds to be tax efficient.

What are capital gains/losses?

A mutual fund can realize profits in a few ways. "Capital gain" is when a fund sells its stock holdings for more than the purchase price. "Capital loss" is when a fund sells its stock holdings for less than the purchase price.

A "Short Term" Capital Gain or Loss reflects profits or losses on investments that were held in the fund for less than a year.

A "Long Term" Capital Gain or Loss reflects profits or losses on investments held in the fund for longer than a year.

Gains and Losses are netted against each other, and only the net gain is distributed to shareholders. Tax rates are usually lower for long term capital gains than short term gains.

What is the Record Date?

The Record Date is the date at which Rondure Global takes a "snapshot" to see who holds shares in a particular fund for a distribution. All shareholders as of the Record Date will receive the declared dividend or capital gains distribution.

What is the Payment Date?

The Payment Date or distribution date is the day the fund actually pays the distribution to shareholders. It can be reinvested in the fund or paid to the shareholder, based on their payment selection.

How do distributions affect you?

Regardless of whether you choose to receive fund distributions in cash or to have the distributions automatically re-invested in the fund, these distributions are taxable (unless your shares are held in a tax-deferred or tax-exempt account like an IRA). Consequently, you will receive a 1099-DIV form at the end of the year for each Rondure Global Fund you own that has pays a distribution. This form indicates the amount of distributions from a fund and should be included in your income tax return.

This information is not intended to provide tax advice. Please consult a qualified tax professional for advice specific to your circumstances.

For more complete information, view the prospectus. You should consider the fund's investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important subjects is in the fund's prospectus, which you should read carefully before investing.

Thank you for your interest in Rondure Global Advisors. To learn more about our firm please see the Who We Are section of our website.

Current Opportunities:

You are welcome to send your resume to info@rondureglobal.com to be considered for an open position, or for future consideration. Please include a cover note identifying the position in which you are interested and why you might be a good fit for that role at Rondure Global Advisors.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. Click the link to obtain a Rondure New World Fund and a Rondure Overseas Fund Prospectus, which contain this and other information, or call 1.855.775.3337. Read the prospectus carefully before investing.

Important Risks

Investing in small and micro cap funds will be more volatile and loss of principal could be greater than investing in large cap or more diversified funds.

Investing in foreign securities entails special risks, such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus. Investments in emerging markets are subject to the same risks as other foreign securities and may be subject to greater risks than investments in foreign countries with more established economies and securities markets.

Investing in foreign and smaller companies risks may increase the volatility of the funds and the potential loss of principal.